The portfolio is located across several sites in Sweden, including Norrköping, Gävle, Karlstad, Kristianstad, Örebro, Halmstad, Nässjö and Upplands-Bro. The plants were delivered by Soltech Energy Sweden AB, who will continue to provide service and maintenance. Electricity from the solar plants is supplied to customers including PostNord, EuroCommercial Properties and several municipal entities. The battery system helps optimize energy delivery from the largest solar plant and actively participates in the frequency and grid balancing markets, thereby contributing to system stability.
The acquisition is strategically important for Pareto Solar Fund. The portfolio increases scale, strengthens the Fund’s presence in Sweden and provides operational synergies. The investment is a key step in building an industrial Nordic solar energy portfolio with both generation and storage capacity.
– The Swede Solar portfolio adds high-quality, operational assets to the Fund, combined with battery storage participating in system balancing markets. This strengthens our position in the Nordic solar energy market and provides a solid foundation for further growth, says Jonathan Barfod, Head of Equity Investments at Pareto Alternative Investments.
About Pareto Solar Fund:
Pareto Solar Fund AS invests in building-mounted solar energy and BESS projects in the Nordics with a long-term income profile and a focus on sustainable solutions. The Fund is managed by Pareto Alternative Investments AS.
